4316 31ST AVE S MINNEAPOLIS MN 55406

PID: 1202824410094

Property Overview

Parcel ID1202824410094

Lot Size5,055 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerCAROL SINGER/JINGER STANTON

Assessed Value$281,300

Land Value$141,000

Building Value$140,300

Annual Tax$4,042

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,733/mo

Renter-occupied14.2%

Median home value$372K

Vacancy rate2.6%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1111

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth86 ft

Area~2,591 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 2,591 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4312 31ST AVE S MINNEAPOLIS MN 55406	DAVID DIETZ	RESIDENTIAL	$257,000	40 ft
4320 31ST AVE S MINNEAPOLIS MN 55406	WALLACE S BJORKSTRAND ET AL	RESIDENTIAL	$288,000	40 ft
4308 31ST AVE S MINNEAPOLIS MN 55406	L K JOHNSON & T A HUDSON	RESIDENTIAL	$332,000	80 ft
4324 31ST AVE S MINNEAPOLIS MN 55406	MARY KAY OLSON	RESIDENTIAL	$249,600	90 ft
4304 31ST AVE S MINNEAPOLIS MN 55406	D J MORLOCK & L L MORLOCK	RESIDENTIAL	$326,500	120 ft
4317 NOKOMIS AVE S MINNEAPOLIS MN 55406	JUSTIN A LAW	RESIDENTIAL	$271,200	140 ft
4321 NOKOMIS AVE S MINNEAPOLIS MN 55406	T GRIFFIN & M D BISSONETTE	RESIDENTIAL	$605,200	145 ft
4315 NOKOMIS AVE S MINNEAPOLIS MN 55406	DAVID DIETZ/NICOLE CAVENDER	RESIDENTIAL	$310,800	146 ft
3045 43RD ST E MINNEAPOLIS MN 55406	DANNI LI & JOHN H TRANTER	RESIDENTIAL	$444,500	160 ft
4332 31ST AVE S MINNEAPOLIS MN 55406	E W GRISBECK & D L GRISBECK	RESIDENTIAL	$398,400	160 ft

Property History

Most Recent Sale

Date198804

Price$58,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,042